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M/I Homes (MHO) Gains As Market Dips: What You Should Know
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M/I Homes (MHO - Free Report) ended the recent trading session at $142.33, demonstrating a +1.22% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.63%, and the Nasdaq, a tech-heavy index, lost 0.78%.
The homebuilder's stock has dropped by 7% in the past month, exceeding the Construction sector's loss of 10.71% and lagging the S&P 500's loss of 1.99%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is slated to reveal its earnings on October 21, 2026. It is anticipated that the company will report an EPS of $3.05, marking a 26.33% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.09 billion, reflecting a 3.31% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12 per share and revenue of $4.18 billion, which would represent changes of -18.59% and -5.37%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for M/I Homes. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 3.96% fall in the Zacks Consensus EPS estimate. Currently, M/I Homes is carrying a Zacks Rank of #4 (Sell).
Investors should also note M/I Homes's current valuation metrics, including its Forward P/E ratio of 11.72. Its industry sports an average Forward P/E of 13.14, so one might conclude that M/I Homes is trading at a discount comparatively.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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M/I Homes (MHO) Gains As Market Dips: What You Should Know
M/I Homes (MHO - Free Report) ended the recent trading session at $142.33, demonstrating a +1.22% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 0.63%, and the Nasdaq, a tech-heavy index, lost 0.78%.
The homebuilder's stock has dropped by 7% in the past month, exceeding the Construction sector's loss of 10.71% and lagging the S&P 500's loss of 1.99%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is slated to reveal its earnings on October 21, 2026. It is anticipated that the company will report an EPS of $3.05, marking a 26.33% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.09 billion, reflecting a 3.31% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12 per share and revenue of $4.18 billion, which would represent changes of -18.59% and -5.37%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for M/I Homes. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 3.96% fall in the Zacks Consensus EPS estimate. Currently, M/I Homes is carrying a Zacks Rank of #4 (Sell).
Investors should also note M/I Homes's current valuation metrics, including its Forward P/E ratio of 11.72. Its industry sports an average Forward P/E of 13.14, so one might conclude that M/I Homes is trading at a discount comparatively.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.